Local shares closed Wednesday’s trading day bleeding, with the main board Philippine Stock Exchange index (PSEi) declining for the second consecutive day – closing at 0.9% or 35.11 points lower. All sectoral indices slid as well, with the Property sector suffering the biggest drop at 2.11%, followed by Financials with 1.86%.

Coming off a 0.67% gain yesterday, the Mining & Oil index has the lowest or most negligible decline today, closing at just 0.095% lower to 13,943.87 points.